IA Ventures Posts

Cloud computing startup DigitalOcean raises $37.2 million in funding

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DigitalOcean is a cloud hosting company that has raised $37.2 million in funding led by Andreessen Horowitz. Previous investors IA Ventures and CrunchFund also participated in this round.
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PlaceIQ receives $15 million

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PlaceIQ is a location-based ad company that has raised $15 million in Series C funding. PlaceIQ was founded in 2010 and their headcount grew to over 70 employees in 2013. PlaceIQ is profitable.
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Datadog raises $15 million in funding

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Datadog is a startup that focuses on monitoring company workloads that run on Amazon Web Services. Datadog has raised $15 million in Series B funding led by OpenView Venture Partners. Existing investors Index Ventures, RTP Ventures, Amplify Partners, IA Ventures, Contour Venture Partners, NYCSeed and RRE Ventures also participated in this round. Datadog has raised a total of $22.5 million. Datadog plans to use the funding to expand their infrastructure. Datadog added over 30,000 servers under management in this past year. Some of their customers include Coursera, HP Cloud Services, Intel, and Salesforce.com.
[Source: GigaOM]

MemSQL raises $35 million in Series B funding

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MemSQL is a big data company that has raised $35 million in Series B funding from Accel Partners and Khosla Ventures. Existing investors IA Ventures, First Round Capital and Data Collective also participated in this round of funding.

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Twice raises $18.5 million in funding

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Twice is an online women’s clothing company that has raised $18.5 million in funding led by Andreessen Horowitz with participation from existing investors IA Ventures, Felicis Ventures, Lerer Ventures, WTI, Mike Lazerow, Joe Greenstein and Maria Thomas. Twice has now raised a total of over $23 million. Twice users send in items directly to the company. The clothing is reviewed, measured, photographed, and put for sale.

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Analytics service DataSift raises $42 million in funding

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DataSift is a United Kingdom based social startup that offers analytics based on social network data. DataSift has raised $42 million in a Series C round of funding. DataSift has raised a total of $70 million in funding thus far. This round of funding was led by Insight Venture Partners with participation from existing investors Scale Venture Partners, Upfront Ventures, IA Ventures, Northgate Capital, Daher Capital and Cendana Capital.

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How DigitalOcean Went From A Small Cloud Startup To A Powerhouse Taking On Amazon and Rackspace

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DigitalOcean used to be a simple and small cloud hosting startup based in New York.  The team behind the company ended up participating in the summer 2012 class of the TechStars startup accelerator program and today they have over 225,000 cloud servers.  They are now the fourth fastest growing cloud hosting provider and is the second fastest growing cloud provider.
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Sulia Raises $6 Million

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Sulia is a service that used to be a filtering service within the Twitter ecosystem.  Last year, Sulia turned into a standalone subject based social network.

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